What is the capital balance?
LOAN IS 30% OF CREDITORS. A. N1000 B. N2 100 C. N900 D. N1200 Correct Answer: Option B – N2 100
The subscriptions received represent 80% of total payments and the opening balance is 30% of gate-fee collections. The subscriptions received would be?
A. N200 000 B. N240 000 C. N300 000 D. N24 000 Correct Answer: Option B – N240 000
In converting a to a partnership company; the loss on asset revaluation is?
A. debited to the revaluation account B. debited to the profit and loss account C. credited to the revaluation account D. credited to the profit and loss account Correct Answer: Option B – debited to the profit and loss...
Determine the opening cash balance of the club?
MPOBA Club’s annual donations from members amount to 112% of its internally generated revenue from the following. Sales of drinks……………….N212 500 Annual dues…………………..N112 000 A. N3 070...Products
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Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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Co-Ownership Structures and Land Acquisition Methods in Nigeria
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Rights in Community Land and Fundamental Land Concepts in Nigeria
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Customary Land Control and the Origins of Nigeria's Land Use Act
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Land Ownership Principles and Transaction Laws in Nigeria
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